Our victory against La Pinta took place in the Court of Appeal against Holidayway Marketing SL & Las Vistas Marketing SL. The AP Santa Cruz Court in Tenerife came to the decision that each company is responsible to reimburse the amount of its own contract, the nullity of both the contracts have been confirmed and validated.
Holidayway Marketing SL have been condemned to reimburse the amount of 84,415.72€ plus legal interests. Las Vistas Marketing must to reimburse the amount of 227,611.76€ plus legal interests. This amount refers to the payment made within the cooling off period – as it is illegal for any money to be taken during this time. For our clients this means an accumulated value of 312,027.48€ in monies awarded.
Our team also had a successful outcome in a case against Silverpoint where the win was based on the timeshare contract from Silverpoint exceeding the legal time length. Heard in Arona Court, there was £18,565 in monies awarded for this case. Two successful cases against Anfi heard in San Bartolomé de Tirajana Court accumulated the value of £16,025. The basis of these cases were very similar to that of the Silverpoint case.
In a case against CLC Sucursal, the contract was found not to respect article 24 of the law 4/2012 - there is insufficient determination of the object of the contract and it exceeds the limit of 50 years - which have led to its nullity. We won in full, which means legal costs plus the £25,016 in monies awarded.
As usual, we’ve received numerous jurisdiction judgements in our favour against Club la Costa as well, this week there were 9 in total. Against the contractual names of CLC Continental Resorts, CLC Sucursal España and Paradise Trading.
During the Timeshare sales boom of the 80s & 90s, potential buyers were lured in by the promise of affordable exotic holidays, flexible exchange programmes and the impression that Timeshare would be a valuable "investment".
In an industry with little or no regulation, high pressure sales tactics were rife and contract smallprint was often glossed over and explained away by sharp salespeople.
Many Timeshare buyers were therefore unaware that they were actually making significant, long term financial commitments on behalf of themselves and their families.
To find out how you can escape the Timeshare Trap please complete the short Timeshare Release Wizard now.
For many Timeshare owners, annual maintenance fees were barely considered token amounts in the early "honeymoon period" of ownership.
However, year-on-year increases imposed by the resorts over time now mean that the maintenance fees have risen to become substantial sums.
Owners are also facing the prospect of ongoing yearly fee increases and realising that they (and their families) are often committed to long term contracts for generations to come.
Please try our Future Fees Calculator to estimate your liabilities over the term of your Timeshare contract, based on an annual increase of 7.5%.
If you're concerned about rising fees and how to escape the Timeshare Trap, please contact us today.
Recent comments from RCI Timeshare owners who have come to us for help with contract cancellation:
“We 'swapped ‘another place in Tenerife for this in order to move to the points system. Since then, getting exchanges to desirable resorts proves almost impossible, irrespective of in-season or off-season.”
“I purchased my timeshare in 1999 and have been a timeshare member ever since. More often than not, I have not be able to go where I wanted and have ended up giving a few weeks to Friends, etc to book somewhere they wanted in order not to lose the weeks. I have then stayed in a hotel!! I am desperately trying to get rid of the timeshare and am now paying Timeshare Shop in Manchester to get rid of it for me.”